Biotech and Pharmaceuticals
Lilly trades at a premium to Ozempic-maker Novo as obesity drugs boom. Here’s why, analyst says
Does Eli Lilly deserve to trade at a premium to Novo Nordisk shares? For Deutsche Bank analyst James Shin, the answer is: “yes, but not to this degree.” Shin initiated coverage of a host of pharmaceutical stocks, including Eli Lilly, on Wednesday. The analyst said he is worried Lilly’s valuation is “grating against fundamentals,” as […]
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FDA approves Eli Lilly’s tirzepatide for weight loss, paving way for wider use of blockbuster drug
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, on March 29, 2023. George Frey | Reuters The Food and Drug Administration on Wednesday approved Eli Lilly‘s blockbuster drug tirzepatide for weight loss, paving the way for […]
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Why oil is down considering that the Hamas-Israel conflict started out and whether or not that can very last
Oil charges have fallen to 3 thirty day period lows as world-wide electricity marketplaces largely dismiss fears of a close to-expression chance that the Israel-Hamas war could escalate into broader regional conflict that causes a key disruption to crude source. Brent crude futures and West Texas Intermediate slid to their lowest concentrations considering that July […]
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Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians
A small number of employees and supporters picket outside the headquarters of drugstore chain Walgreens during a three-day walkout by pharmacists in Deerfield, Illinois, November 1, 2023. Vincent Alban | Reuters The organizers of a recent retail pharmacy staff walkout are helping to launch a national push to organize those employees on Wednesday, a potential […]
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U.S. crude oil prices slide down below $78 a barrel to their cheapest because July
An oil pumpjack pulls oil from the Permian Basin oil area in Odessa, Texas, on March 14, 2022. Joe Raedle | Getty Images Information | Getty Visuals U.S. crude price ranges on Tuesday fellow below $78 a barrel to hit the cheapest place given that July as weak world financial info overshadowed concerns that the […]
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French prosecutors investigating Sanofi over probable marketplace manipulation
A brand on the Sanofi exhibition area at the Viva Technological know-how meeting focused to innovation and startups at Porte de Versailles exhibition centre in Paris, France June 15, 2022. Benoit Tessier | Reuters French prosecutors have opened a preliminary investigation into multinational pharmaceutical corporation Sanofi above achievable marketplace manipulation. A judicial source verified to […]
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Novo Nordisk says 80% of insured U.S. patients taking Wegovy pay less than $25 a month
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty Images Novo Nordisk on Thursday said 80% of U.S. patients with insurance coverage who take its highly popular weight loss treatment […]
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Eli Lilly says supply of blockbuster diabetes drug Mounjaro has improved in U.S.
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, March 29, 2023. George Frey | Reuters Eli Lilly on Thursday said supply of its blockbuster diabetes drug Mounjaro has improved in the U.S. after months of widespread […]
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Pounds-loss drug Wegovy could get expanded Food and drug administration approval inside of six months, Novo Nordisk states
Even now daily life of Wegovy an injectable prescription fat decline medication that has aided people with being overweight. It should be made use of with a bodyweight loss system and physical activity. Michael Siluk | UCG | Getty Photographs Novo Nordisk said Thursday that its blockbuster bodyweight-reduction drug Wegovy could acquire expanded acceptance from […]
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Moderna stock falls 10% as hefty Covid vaccine write-downs drive big loss
Moderna on Thursday posted a steep loss for the third quarter as the drugmaker recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product. Moderna’s total revenue for the period topped Wall Street’s expectations, even amid plummeting demand for its shot. Its outlook for next year, however, came in […]
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